2016 World Economic Forum

Live coverage of the 2016 WEF in Davos, Switzerland.

Welcome to our live coverage of day three of the 2016 World Economic Forum in Davos! We are in Davos for the week, bringing you all the sights, sounds and behind-the-scenes action from town. Stay with us here for our latest stories and color from the Reuters journalists who are covering #WEF16 from inside Davos.

ReutersChristine Lagarde launched her campaign for a second term as managing director of the International Monetary Fund on Friday with ringing endorsements from a host of major economies that looked past a court case against her in her native France.

ReutersA rare note of optimism at Davos this year comes from the trade ministers, who will gather on Saturday for the first time since the World Trade Organization (WTO) closed the lid on 14 years of increasingly toxic stalemate.

by jamillah.knowles1/22/2016 6:14:26 PM

Facebook's Sheryl Sandberg said that there's a "toddler wage gap" in the United States. Little boys get paid more for household chores than little girls, she said. Sandberg made the comments on panel about gender parity with Canadian Prime Minister Justin Trudeau and philanthropist Melinda Gates.

Harvard University’s Niall Ferguson says the public mood is mad as hell, but he’s not convinced Donald Trump will even make it to Super Tuesday.

by jamillah.knowles1/22/2016 4:23:38 PM

Cathy Engelbert has made history by becoming the first woman to head a U.S. professional services firm. As CEO of Deloitte, she oversees some 70,000 employees and nearly $15 billion in annual revenue, and says women should aspire to be leaders, not CEOs.

by jamillah.knowles1/22/2016 4:23:02 PM

Artist Drue Kataoka spent her time at the World Economic Forum at the intersection of art and issues.

ReutersSyrian peace talks will go ahead in Geneva, U.S. Secretary of State John Kerry insisted on Thursday, but with just days to go, rival camps bickered about who should be invited to take part.

by jamillah.knowles1/22/2016 4:16:40 PM

The Iran nuclear deal has made the world a safer place, and almost certainly averted a war, says U.S. Secretary of State John Kerry in a speech to the World Economic Forum in Davo

by jamillah.knowles1/22/2016 4:15:53 PM

Former House Majority Leader Eric Cantor told Reuters that Donald Trump will not win the Iowa Caucus and his trade policies would hurt American consumers.

by jamillah.knowles1/22/2016 4:15:35 PM

Glenn Hutchins, the Chairman of North Island, says a possible U.S. economic dip is likely to be brief, and follow the recession of 2002 rather than 2009.

by jamillah.knowles1/22/2016 4:15:11 PM

Online lenders are stepping in where traditional banks now fear to tread. But is winning public trust going to prove a challenge for firms with little track record? Reuters puts the question to RateSetter CEO Rhydian Lewis in the last of a series of quickfire interviews on the Davos cable car during the World Economic Forum.

by jamillah.knowles1/22/2016 4:14:45 PM

U.S. Secretary of State John Kerry (R) and Omani Foreign Minister Yusuf bin Alawi bin Abdullah, swap papers as they sign an agreement of cooperation on science and technology in Davos, Switzerland January 22, 2016. REUTERS/Jacquelyn Martin/Pool

by jamillah.knowles1/22/2016 4:09:27 PM

Bono (L) of Irish band U2 and WEF Executive Chairman and founder Klaus Schwab attend the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland January 22, 2016. REUTERS/Ruben Sprich

At one panel, the president of major oil producer Azerbaijan — where protestors last week took to the streets over the collapse of the national currency — made a quip about OPEC meetings.

"Every time OPEC meets, the price goes down," President Ilham Aliyev.

"Therefore, we are very concerned about a possible new meeting. Maybe better notto have it?" Aliyev humorously asked a panel with Aramco chairman Khalid al-Falih.

Just as the panel ended, another oil executive jokedon the sidelines: "I'm optimistic. Oil will soon cost $50. Butfor two barrels."

by Leela de Kretser1/22/2016 2:07:47 PM

Sir Martin Sorrell had high hopes for U.K. chancellor George Osborne at a Davos panel today when the advertising king made a quip about Osborne's ambitions for 10 Downing Street:

"I notice that the chancellor has sort of moved on as an ex-CFO," Sorrell said about the four years that had passed since Osborne's first appearance at WEF. "He has moved up from CFO to COO, and maybe he will come back here in four years time as CEO."

by elizabeth.piper1/22/2016 1:46:45 PM

Argentina's new president Mauricio Macri tells Reuters editor-in-chief Steve Adler that he expects the financially troubled country to make a deal with it creditors early this year.

by Leela de Kretser1/22/2016 11:33:32 AM

by elizabeth.culliford1/22/2016 11:06:30 AM

by elizabeth.culliford1/22/2016 11:06:23 AM

VIDEO: STAR-STUDDED SLOPES - From Kevin Spacey telling Trump jokes at a piano bar to Leonardo DiCaprio receiving an award for his leadership in tackling the climate crisis, we share who we've spotted at #WEF16 so far.

BARCELONA Spain mounted a sweeping anti-terror operation on Friday after a suspected Islamist militant drove a van into crowds in Barcelona, killing 13 people before fleeing, in what police suspect was one of multiple planned attacks. | Video

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